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In response, Uber Freight is enhancing its capabilities with new leadership, expanded office locations and robust infrastructure to provide shippers with seamless and efficient cross-border operations. Mexico's freight and logistics market hit $128.10 billion in 2023 and is projected to grow to $171.40 billion by 2029, driven by the nearshoring ...
Today's risk-averse transportation landscape inhibits profit maximization for many companies eager to gain an advantage. It only makes sense that shipping a high-value commodity would bring in ...
Gasoline Prices and Market Dynamics in 2022 In 2022, the global average price of gasoline surged by approximately 18-22%, reaching around USD 1.15-1.25 per liter, surpassing pre-pandemic levels. This price increase was largely attributed to heightened risks of supply disruptions due to the war, compounded by rising crude oil prices and ...
Wait times for trucks importing and exporting cargo across the U.S.-Mexico border have dropped considerably from April crisis levels but industry experts warn threats to the supply chain haven't ...
With factories across Mexico getting back to full capacity in 2021, the cross-border freight market is already impacting truckload capacity, supply chains and trade strategy.FreightWaves recently ...
Its capabilities could be combined with Con-way Freight's Mexico network and Menlo Worldwide Logistics's border-based logistics operations. The acquisition created a business unit with over US$500 million in annual revenues for truckload freight. [4] On October 31, 2015, XPO, Inc., headquartered in Greenwich, Connecticut, acquired Con-way ...
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In December 2019, it was announced that SBB Cargo International had incorporated SBB Cargo Nederland, based in the port city of Rotterdam, to operate in the Dutch rail freight market. [10] Its creation reduced the company's dependence on third parties for the cross-border implementation and planning of trains along the Netherlands-Italy ...